Show notes
Monika Jazyk, is a wife and proud mother of four wonderful, yet expensive, children. After the completion of her Masters in Teaching and the birth of her eldest son, Monika chose to stay home with her growing family, sacrificing her income of a full-time wage. To create monthly income to be able to fund immediate and future expenses for her children, Monika and her husband Vaughan chose Real Estate as an investment vehicle to build passive income and long-term wealth. They have created a successful Real Estate Portfolio consisting of Buy Rent Hold properties allowing Monika to stay home to raise her 4 children while assuring all of their immediate and future needs are met.Monika is also co-owner of Real Property Investments, a Real Estate Investment Corporation that helps Real People build Real wealth through Real Estate![00:01 - 06:49] Opening SegmentIntroducing Monika to the show!She shares her knowledge through books, courses, and real estate investmentsSavers are losers because money does not have the same value as it used to[06:50 - 16:19] Planning For Contingencies And Stress TestingJob security is not the same as it used to be, so passive income is importantStress test mortgage rates and have a plan A, B, and CMake money when you buy the propertyCommon sense is key – ask yourself if you would live thereHave enough reserves and contingencies in placeRecession-proof your business and investments[16:20 - 29:42] Avoiding Million-Dollar Mistakes And Finding SuccessInvestors need to be able to make money in any marketShe wrote a book with her husband, “Real Estate Mistakes”Providing solutions to help people avoid making the same mistakesHer mission is to help fill the wealth gap in developed nations by helping middle-working-class people improve their financial literacy[29:43 - 34:37] Closing SegmentMonika advises listeners to See the links below to connect with Monika!Quotes:“It's a whole new world once you start, but it's impossible not to make mistakes.” - Monika Jazyk“In real estate investing, there are all these courses, there's all this information, but until you do the application. That's when the learning really starts.” - Monika JazykConnect Monika through Website & Facebook!Connect with me:www.5talents.capitalLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> [email protected] TALENTS CAPITAL | ABEL PACHECOIf you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:View our informational video and case study at https://5talents.capital/grow-your-wealth/After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco. Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.Support the Show.